FATF STATEMENT ON IRAN
Paris, 11 October 2007
The Financial Action Task Force (FATF) is concerned that the Islamic Republic of
Iran's lack of a comprehensive anti-money laundering / combating the financing of
terrorism (AML/CFT) regime represents a significant vulnerability within the
international financial system. FATF calls upon Iran to address on an urgent basis its
AML/CFT deficiencies, including those identified in the 2006 International Monetary
Fund Article IV Consultation Report for Iran.
FATF members are advising their financial institutions to take the risk arising from the
deficiencies in Iran's AML/CFT regime into account for enhanced due diligence.
FATF looks forward to engaging with Iran to address these deficiencies.
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